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CONTENTS GENERAL INFORMATION 03 COUNCIL MEMBERS 04 OFFICERS 05 MANAGEMENT TEAM 06 2019 ANNUAL REPORT BY THE GENERAL SECRETARY 07 COUNCIL’S RESPONSIBILITY AND APPROVAL 22 REPORT OF COUNCIL 23 INDEPENDENT AUDITOR’S REPORT 25 STATEMENT OF COMPREHENSIVE INCOME 28 STATEMENT OF FINANCIAL POSITION 29 STATEMENT OF CHANGES IN RESERVES 30 STATEMENT OF CASH FLOWS 31 ACCOUNTING POLICIES 32 NOTES TO THE FINANCIAL STATEMENTS 36 APPENDIX 1 42 APPENDIX 2 45 BSG 2019 Annual Report & Financial Statements 1 GENERAL INFORMATION OUR MISSION OUR Making God’s VISION Word available and The Bible for affordable, and Everyone encouraging its use to transform lives. BUSINESS ADDRESS INDEPENDENT AUDITORS Bible House Intellisys John Evans Atta Mills High Street No. 2 Lardzeh Crescent P. O. Box GP. 761 North Dzorwulu James Town P. O. Box KN 4169 Accra Kaneshie, Accra CONTACTS BANKERS Tel: + 233 302 663803 / 664208 / Ecobank Ghana Limited 672722 ABSA Bank Ghana Limited E-mail: [email protected] Ghana Commercial Bank Limited Website: www.biblesociety-ghana.org BSG 2019 Annual Report & Financial Statements 3 COUNCIL MEMBERS NAME 1 Rev. Dr. Joyce Rosalind Aryee President 2 Mrs. Florence Hutchful Vice President 3 Apostle Dr. Alfred Koduah Vice President 4 Mr. J.N.B. Tetteh Chairman of Council 5 Prof. Mrs. Akosua Anyidoho Vice Chairman of Council 6 Dr. Mrs. Yvonne Ollenu Member 7 Rev. Dr. Perez Sepenu Member 8 Mrs. Gloria Lamptey Member 9 Rev. Prof. B. Y. Quarshie Member 10 Rt. Rev. Titus Awotwi Pratt Member 11 Pastor Dr. Chris Annan-Nunoo Member 12 Dr. Mrs. Adelaide Kastner Member 13 Mr. Percy Ansah Member 14 Rt. Rev. Dr. Sylvanus D. Torto Member 15 Rev. Fr. Michael Awuah Ansah Member 16 Mr. Alfred Sakyi Member 17 Apostle Prof. Peter Ohene Kyei Member 18 Mr. Nabanyin Pratt Member 19 Ms. Bernice Natue Member 20 Rev. Dr. Enoch Aryee-Atta General Secretary 4 BSG 2019 Annual Report & Financial Statements OFFICERS REV. DR. JOYCE APOSTLE DR. ALFRED MRS. FLORENCE ROSALIND ARYEE KODUAH HUTCHFUL President Vice President Vice President MR. J.N.B PROF. MRS. AKOSUA REV. DR. ENOCH TETTEH ANYIDOHO ARYEE-ATTA Chairman of Council Vice Chairman of Council General Secretary BSG 2019 Annual Report & Financial Statements 5 MANAGEMENT TEAM REV. DR. ENOCH MRS. ELIZABETH TAYLOR REV. CHARLES ARYEE-ATTA SAMPSON ADU-TWUMASI (General Secretary) (Regional Operations Manager) (Programmes & Church Relations Manager) MR. ERIC MRS. CATHERINE JUSTICE PAUL OKRAKU NTOW ODJIDJA DONKOR (Distribution Manager) (Communication and Resource (Finance and Accounts Manager) Mobilisation Manager) REV. ISSIFU MRS. AMA REV. PROF. JOHN DOKURUGU ANARFI-YARO D. K. EKEM (Computer Assisted Publishing Manager) (Admin and HR Manager) (Translations Consultant) 6 BSG 2019 Annual Report & Financial Statements 2019 ANNUAL REPORT OF THE BIBLE SOCIETY OF GHANA PRESENTED BY: REV. DR. ENOCH ARYEE-ATTA (GENERAL SECRETARY) TO THE 2020 ANNUAL GENERAL MEETING (HELD ON 1ST 0CTOBER, 2020) “I will praise You, O Lord, with my whole Governance heart; Management and Staff I will tell of all Your marvelous works. Operations I will be glad and rejoice in You; Staff Training and Development I will sing praise to Your name, O Most Bible Distribution High.” Psalm 9:1-2 NKJV Church Relations Bible Engagement Programmes Communications and Resource Mobilisation 1.0 PREAMBLE Children and Youth Finance The President of the Bible Society of Ghana (BSG), Call to Glory Chairman and Members of the Bible Society of Ghana Council, Distinguished Leaders and Representatives of the Church and Local Councils 2.0 GOVERNANCE of Churches (LCCs), Members of the Bible Society of Ghana, Brothers and Sisters in the Lord Jesus 2.1 ANNUAL GENERAL MEETING (AGM) Christ, I deem it a great privilege and honour to The 2019 Annual General Meeting (AGM) of the make my first presentation to you having assumed Bible Society of Ghana was successfully held at my role as General Secretary of the Bible Society the usual venue, the Evangel Assemblies of God of Ghana. Church Auditorium on 1st August, 2019. 341 Although I was not in office in 2019, I can testify members participated in the meeting including that BSG, by dint of hard work and commitment staff and volunteers of the Society. chalked some successes especially in the areas The meeting recognized and honoured the of translation, Bible distribution and programmes. outgoing Chairman, Mrs. Efua Ghartey and 1st This report will cover the following: BSG 2019 Annual Report & Financial Statements 7 Vice President, Apostle Peter Okoe Mankralo Rev. Issifu Dokurugu whose term of office ended in August. They were Mrs. Catherine Odjidja presented with citations in recognition of their Mrs. Naana Hagan continued to offer voluntary dedicated leadership and service to the Bible support and expertise in the area of Marketing & Society of Ghana. Supply Chain Management. Three newly elected Council Members to serve for the next four years were introduced to 3.2 STAFFING the meeting. They were: Apostle Prof. Peter Five contract staff as well as seven Literacy Ohene Kyei, a Retired Minister of the Church of Project staff were engaged to complement the Pentecost; Ms. Bernice Natue, a Lawyer and Mr. existing staff to enable the Bible Society of Alfred Sakyi, lay Chairman of the Tema Diocese of Ghana offer the best quality of service in the Bible the Methodist Church and a Banker. Mr. Nabanyin Ministry cause. The total number of staff as at the Pratt, a member of the Promotions and Resource end of 2019 was: Mobilization Committee was appointed by the National Council to serve on Council for a four- Regular staff 47 year term. Mr. J. N. B. Tetteh was also introduced Contract staff 23 as the newly elected Chairman of Council. Volunteer staff 2 Total 72 Rev. Dr. Enoch Aryee-Atta was introduced to the meeting as the new General Secretary of the Bible 3.3 SEPARATION Society of Ghana. He would assume office from January 2020 for a four-year term. i. Rev. Dr. Erasmus Odonkor, General Secretary and Rev. Issifu Dokurugu, CAP Manager, retired Members of the UBS World Assembly Planning from employment of the Society after 9 and 17 Committee were also introduced to the meeting. years of service respectively. The 2021 UBS World Assembly would be hosted ii. Mr Ernest Boateng resigned as the CAP Officer by the Bible Society of Ghana as decided by the to enter into full-time Ministry of the Apostolic last Assembly in Philadelphia, USA. The Planning Church- Ghana. Committee would be working together with iii. The employment contract of one member of the UBS to see to the successful planning and staff was terminated while another employee organization. was demoted. iv. One Member of staff went to be with the Lord. 3.0 MANAGEMENT AND STAFF 3.4 STAFF TRAINING AND DEVELOPMENT 3.1 MANAGEMENT TEAM BSG continued the development of staff Mr. Eric Okraku Ntow joined the BSG Management competencies through various capacity team in 2019 as the new Distribution Manager. enhancement programmes, both locally and The other members were: within the United Bibles Societies fellowship. Rev. Dr. Erasmus Odonkor As usual various trainings, workshops and other Mrs. Elizabeth Taylor Sampson developmental programmes were organized for Rev. Charles Adu-Twumasi staff to enhance performance on the job and it Mr. Gershon Bonso impacted positively on the outcomes. Highlights 8 BSG 2019 Annual Report & Financial Statements of some of the local and international programmes Society times off to reflect, take stock of activities held were: and project on the way forward. i. UBS Anglophone Translators’ Training Workshop, Kenya 3.6 2019 COUNCIL/ COMMITTEE/ ii. Trauma Healing Project Meeting, Cameroon MANAGEMENT RETREAT iii. Leadership Training for West Africa Bible The 2019 Council/Committee/Management Societies, Nigeria Retreat came off successfully on 2nd November, iv. Training in the UBS Digital Academy, South 2019 at the Airport West Hotel. The theme for Africa the retreat was ”Praising the Lord’s Goodness”. v. Paratext 8.0 Training Workshop, Kenya Apostle Dr. Emmanuel Anim was the Speaker. The vi. Training in the use of the Microsoft Office 365, retreat also served as an orientation for the new Ghana members who had joined the Council. vii. UBS Programmes Institute Workshop, Tanzania viii. Capacity Building Workshop for Executive/ 4.0 OPERATIONS Personal Assistants, Kenya ix. Project Planning, Ghana 4.1 TRANSLATIONS x. Training in Tally, Ghana xi. Strategic Business Development Workshop, We continue to give God all the praise for the Togo divine grace he bestows on the Translators, xii. TAZI Orientations Workshop, Burkina Faso Reviewers, Translation Consultant, Computer xiii. UBS Church Relations Training, Malawi Assistant Publishing Manager, Translation Officer xiv. Training in Auditing, Ghana and Members of the Translation Committee for the xv. Performance Management Training, Ghana various Translation tasks they have successfully xvi. Report Writing, Ghana undertaken. xvii. Defensive Driving and Transport Management, 4.1.1 Publishing Works Ghana a. The typesetting of the following has been 3.5 18TH ANNUAL STAFF RETREAT completed by the Korean Bible Society (KBS): The 18th Annual Staff retreat came off from 16th z New Revised Akuapem Twi Bible to 20th September, 2019 at the Presbyterian z Revised New Ga Bible and Women’s Centre, Abokobi. In all, 60 staff including z Revised New Ga–ESV Diglot contract staff and volunteers participated in the retreat which was under the theme: Diligence: PDFs received from the Korean Bible Society Being Diligent with God. Staff had the opportunity (KBS) have been edited and returned to them to discuss presentations on the Financial and for the production of low-resolution copies. Accounting Manual, Revised Employment Manual b. Work on the text of the Gurune New and the Provident Fund Special Rules. They also Testament (NT) has been completed. participated in a training on ‘Being an Effective Cross references, Parallel references and and Professional Team Player’ and a health talk on Footnotes have also been added to the Hemorrhoids.